PET - Plain English Taxonomy

Attribute: BSAO11056
Concept:
Label: Property, plant and equipment
Concept Guidance:
This is the value, as at the relevant date, of tangible items that: (a) are held for use in the production or supply of goods or services, for rental to others, or for administrative purposes; and (b) are expected to be used during more than one period. This item is determined in accordance with relevant accounting standards.It excludes property classified as investments. 
Form-Specifc Guidance:
Property (owner-occupied and investment) consistent with the classification and measurement basis used in the relevant accounting standards. Plant and equipment includes furniture, equipment, re-modelling costs to existing premises, and interest capitalised during the period of construction of buildings in accordance with the relevant accounting standards.
Dimensions
This attribute does not have any dimensions.